Warm Southern Breeze

"… there is no such thing as nothing."

Posts Tagged ‘Decatur’

Dumb Dope Smugglers Lose Little Load

Posted by Warm Southern Breeze on Saturday, November 23, 2013

From the third episode of “dumberer & more dumberer” comes this asinine item.

Officials: Package at Daikin plant marijuana, not bomb

By Eric Fleischauer Staff Writer | Posted: Thursday, November 21, 2013 9:54 am

Authorities have determined a suspicious package attached to a rail car in Decatur was not a bomb but contained marijuana, Morgan County officials said.

The rail car contained toxic gas and was at the Daikin America plant on State Docks Road.

Investigators said they believe the marijuana had been on the rail car since it was in Mexico. They said the package was the size of a large telephone book and contained 1 to 2 kilograms of marijuana. They believe the rail car entered the United States in Brownsville, Texas.

The package was in the dome on top of the rail car. It was discovered when

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Alabama Lawmaker Arthur Orr has Big Idea to Destroy State’s Competitive Business

Posted by Warm Southern Breeze on Wednesday, November 13, 2013

Alabama State Senator Arthur Orr (R, Decatur) has proposed eliminating the Alcoholic Beverage Control Board‘s retail outlets statewide.

Senator Orr represents the Third District, which includes Morgan, Madison and Limestone counties in the Alabama State Senate.

He attempts to justify his position by asking a rhetorical question, on pretense of being modern: “The fundamental question, I think, for us as legislators and as a state, is, should the state of Alabama Read the rest of this entry »

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The Oracle at Delphi: Mitt Romney’s direct tie to increased unemployment in North Alabama

Posted by Warm Southern Breeze on Saturday, October 20, 2012

The average reader may not be aware that there was once a huge Delphi plant in Limestone county, Alabama, which facility was located directly across from Calhoun Community College.

American Industry... closed. - M1510 h712

Mitt Romney owned a significant interest in a firm that profited by laying off workers, dumping their pensions, moving to China, and then profiting rapaciously from the TARP bailout. That large plant – one among many, with the largest one being in Alabama – was the Delphi Steering Gear facility in Tanner, near Decatur, in Limestone County.

It was one of North Alabama‘s LARGEST employers – with emphasis on “was.”

The men & women who made careers there, whose labors enabled their children to attend college, provided their families’ clothing, groceries, housing & healthcare, and provided for their own retirement, and which was a union shop, was shuttered several years ago.

Most of what news I recall about it centered around how corporate traders, not unions, were wanting even more & more profit when they were already profitable. Time and time again, the workers took cuts in benefits & pay to keep their jobs for as long as they could… all to no avail.

Like a gazelle savaged on the plains of the Kalahari Desert in Africa, that once prosperous plant has been laid to waste, and there are only industrial skeletal remains. Even the human buzzards, scavenging metal for recycling from the industrial carcass, have left. For many years now, the hollow exterior hulk, instead of employees, materials & labor, has been drawing cobwebs, dust & rust. And soon, like all things left unattended, it too will crumble.

There are no taxes paid to Limestone county, or to nearby Decatur, Athens or Huntsville, or to Alabama for roads, schools, police & fire protection. But there is an even greater issue, one which is exceedingly more weighty and sorrowful. As a result of it all, there is no hope, there are no jobs, and there is no future.

Here’s the even more disturbing part: Mitt Romney had his hand in that pie.

And yet the saddest and most perplexing part is, that most Alabamians will vote for the GOP nominee/candidate.

Following the economic investigative report are historical local news reports that show the progression about the issue (which validate the economic investigative report by Greg Palast), from the:
Decatur Daily,
Huntsville Times,
• Associated Press,
• Athens-Limestone News Courier,
• Saginaw News (via MLive.com), and
• Wall Street Journal,
dating 2005, 2007, 2008, 2009 & 2010.

For the benefit of the reader, Greg Palast is an economist and financial investigator turned journalist whose series on vulture funds appeared on BBC Television’s Newsnight. He is the author of The Best Democracy Money Can Buy (Penguin) and, most recently, Billionaires & Ballot Bandits: How to Steal an Election in 9 Easy Steps (Seven Stories). For additional information about him, his website is: http://www.gregpalast.com.

Mitt Romney’s Bailout Bonanza

Greg Palast, October 17, 2012   |    This article appeared in the November 5, 2012 edition of The Nation.

This investigation was supported by the Investigative Fund at the Nation Institute and by the Puffin Foundation. Elements of it appear in Palast’s new book, Billionaires & Ballot Bandits: How to Steal an Election in 9 Easy Steps (Seven Stories). Research assistance by Zach D. Roberts, Ari Paul, Nader Atassi and Eric Wuestewald.

Mitt Romney

2012 GOP Presidential Nominee Mitt Romney (AP Photo/Evan Vucci)

Mitt Romney’s opposition to the auto bailout has haunted him on the campaign trail, especially in Rust Belt states like Ohio. There, in September, the Obama campaign launched television ads blasting Romney’s November 2008 New York Times op-ed, “Let Detroit Go Bankrupt.” But Romney has done a good job of concealing, until now, the fact that he and his wife, Ann, personally gained at least $15.3 million from the bailout—and a few of Romney’s most important Wall Street donors made more than $4 billion. Their gains, and the Romneys’, were astronomical—more than 3,000 percent on their investment.

It all starts with Delphi Automotive, a former General Motors subsidiary whose auto parts remain essential to GM’s production lines. No bailout of GM—or Chrysler, for that matter—could have been successful without saving Delphi. So, in addition to making massive loans to automakers in 2009, the federal government sent, directly or indirectly, more than $12.9 billion to Delphi—and to the hedge funds that had gained control over it.

One of the hedge funds profiting from that bailout—
$1.28 billion so far—is Elliott Management, directed by 
Paul Singer. According to TheWall Street Journal, Singer has given more to support GOP candidates—$2.3 million—than anyone else on Wall Street this election season. His personal giving is matched by that of his colleagues at Elliott; collectively, they have donated $3.4 million to help elect Republicans this season, while giving only $1,650 to Democrats. And Singer is influential with the GOP presidential candidate; he’s not only an informal adviser but, according to theJournal, his support was critical in helping push Representative Paul Ryan onto the ticket.

Singer, whom Fortune magazine calls a “passionate defender of the 1%,” has carved out a specialty investing in distressed firms and distressed nations, which he does by buying up their debt for pennies on the dollar and then demanding payment in full. This so-called “vulture investor” received $58 million on Peruvian debt that he snapped up for $11.4 million, and $90 million on Congolese debt that he bought for a mere $20 million. In the process, he’s built one of the largest private equity firms in the nation, and over decades he’s racked up an unusually high average return on investments of 14 percent.

Other GOP presidential hopefuls chased Singer’s endorsement, but Mitt chased Singer with his own checkbook, investing at least $1 million with Elliott through Ann Romney’s blind trust (it could be far more, but the Romneys have declined to disclose exactly how much). Along the way, Singer gained a reputation, according to Fortune, “for strong-arming his way to profit.” That is certainly what happened at Delphi.

* * *

Delphi, once the Delco unit of General Motors, was spun off into a separate company in 1999. Read the rest of this entry »

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Support Schools & Private Enterprise, Drink Jack Daniel’s Old No. 7 Whiskey

Posted by Warm Southern Breeze on Monday, July 9, 2012

Having apparently not blogged about this, I find myself remiss that I so negligently – if inadvertently – omitted this news story… which I’m about to bash.

Before I proceed however, Alabama‘s governor, Dr. Robert J. Bentley, MD (a retired dermatologist), when he was campaigning for the office, on Thursday, June 17, 2010 vowed that, “I will forgo a salary as state representative for the rest of my term and will not accept a salary as Governor until Alabama reaches full employment.” To his credit, he has lived up to that vow, and has only accepted what is legally mandated – $1.00/month as representative, and has been reimbursed for minimal incidentals or travel-related expenses. The state’s records show he has collected about $2,100 in travel reimbursements during his term as governor. Alabama’s governor’s salary is about $112,000; and so far, as governor, he has only been paid $2 in salary.

Part of the irony of liquor, taxes and employment is that Dr. Bentley is a Southern Baptist. And for many years he has been a deacon at First Baptist Church in Tuscaloosa. As a denomination, Baptists are well-known and avowed tee-totalers, who continue to badmouth beverage alcohol. I suppose in some way, they could be considered modern Prohibitionists. But here, in this scenario, Alabamians – whose population is significantly Protestant – have enjoyed the jobs and money that making whiskey provides.

I suppose, however, that the irony is not lost on others, for the Amish grow tobacco, yet eschew its use. Similarly, many religious Afghanis (most who practice Islam) have grown marijuana and/or opium poppy to provide for their households, yet use neither. The discussion of the ethics of such decisions would be fascinating – at least it would be to me.

Now, on to the news.

It’s not the news, per se, but the atrocious writing which aggrieves me so.

Actually, the plant will be near Decatur, Alabama. More specifically, it will be located in the Mallard Fox West Industrial Complex, along Alabama Highway 20 in Trinity, Alabama. The complex is located in Lawrence County, which is the adjacent county WEST of Morgan County.

Lawrence County, AL_overview

Location of Mallard Fox West Industrial Complex in Lawrence, County, Alabama

But this raises another question, and it is this: If someone wrote that New York was in Los Angeles, you’d think them insane, right?

Well, why then would you not think the same for those who make such egregious errors as is so blatantly displayed in the following headline, and story?

DAMN IT, MAN!

GET IT RIGHT!

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